Risk Monitor: $WCT 4h Bearish Control Near Resistance
$WCT remains under seller dominance on the 4h chart, struggling to break above critical resistance zones between 0.1314 and 0.1372. The market is attempting a recovery but has yet to confirm a bullish reversal.
Price rejection within the 0.1314–0.1372 range could signal a renewed decline toward support near 0.1191, reinforcing the bearish trend. Only a sustained break and hold above 0.1372 would shift the bias bullish, targeting higher levels around 0.1421. Traders should watch for lower timeframe reversal patterns for confirmation before engaging short positions.
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